FalconX: Join Tesla and Square with corporate Bitcoin allocations

FalconX: Join Tesla and Square with corporate Bitcoin allocations. How leveraging a riskless principal increases efficiency and lowers costs...

On Monday, Tesla announced it purchased $1.5 billion in Bitcoin to hold on its balance sheet. It joins other publicly traded companies like Square, Microstrategy, renowned private investors like Tudor Investment Corporation and Stanley Druckenmiller, along with thousands of private corporations that have purchased Bitcoin as an inflation hedge.

Beginning in December, Elon Musk questioned whether there was enough liquidity in the market to execute over $1 billion Bitcoin purchase.

Over the past few years, we’ve seen the cryptocurrency market structure evolve significantly, with firms leveraging technology to facilitate large institutional purchases. FalconX works with over 300 of the market’s most sophisticated institutions, providing trading, settlement, and clearing across top cryptocurrency pairs.

On the backend, FalconX uses data science to access robust liquidity through a combination of lit liquidity pools (exchanges) and proprietary dark pools – combining the broader market’s liquidity into a single account for its clients. FalconX acts as a riskless principal dealer – meaning clients only ever interact with FalconX but get access to the broader market’s liquidity.

Great pricing: our technology and principal structure allows FalconX to deliver clients better pricing and execution quality than smart order routers or agency brokerages – which incur greater execution costs, slippage, and exchange fees. There’s no middleman involved; FalconX owns its own balance sheet, guaranteeing its customers access to deep liquidity.

Trading algorithms: curated to the client's needs – minimize market impact, minimize time for execution, minimize cost of execution, etc. To date, our Markets Team often saves clients 8% or more on using personalized TWAPs.

White-glove service: FalconX guarantees that traders can work with a single counterparty for simple, instant execution at a guaranteed price, with no risk of slippage or hidden fees. Our dedicated customer support team is available 24/7 to ensure that traders can access fast, secure and flexible post-trade settlement at any time, any day.

Discretion: FalconX can easily facilitate a >$1 billion BTC purchase orders using a wide range of personalized products, while preserving the privacy and anonymity of its clients to the broader market.

As we continue to see the market evolve and mainstream interest in cryptocurrency expand, we’ll see more and more large companies make large Bitcoin allocations. While this growth continues on the retail and institutional fronts, we also expect to see governments with BTC on their balance sheets in the coming years.

On February 10th, European Central Bank President, Chrisine Lagarde, stated it’s “very likely” that central banks will hold Bitcoin in the near future. From our perspective, the recent wave of institutional adoption is just the beginning

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Disclaimer

This material is for informational purposes only and is only intended for sophisticated or institutional investors. Neither FalconX Limited, FalconX Bravo, Inc., FalconX Delta, Inc., FalconX Foxtrot Pte Ltd., FalconX Golf Pte Ltd., Solios, Inc., Falcon Labs, Ltd., KestrelX, Ltd., nor Banzai Pipeline Limited (separately and collectively “FalconX”) service retail counterparties, and the information on this website is NOT intended for retail investors. The material published on this website is not (i) an offer, or solicitation of an offer, to invest in, or to buy or sell, any interests or shares, or to participate in any investment or trading strategy, (ii) intended to provide accounting, legal, or tax advice, or investment recommendations, or (iii) an official statement of FalconX or any of its affiliates. Any information contained in this website is not and should not be regarded as investment research, debt research, or derivatives research for the purposes of the rules of the CFTC or any other relevant regulatory body.

Prior to entering into any proposed transaction, recipients should determine, in consultation with their own investment, legal, tax, regulatory, and accounting advisors, the economic risks and merits, as well as the legal, tax, regulatory and accounting characteristics and consequences of the transaction. Pursuant to the Dodd-Frank Act, over-the-counter derivatives are only permitted to be traded by "eligible contract participants" (“ECP”s) as defined under Section 1a(18) of the CEA (7 U.S.C. § 1a(18)). Do not consider derivatives or structured products unless you are an ECP and fully understand and are willing to assume the risks.
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Solios, Inc. and FalconX Delta, Inc. are registered as federal money services businesses with FinCEN. FalconX Bravo, Inc. is registered with the U.S. Commodities Futures Trading Commission (CFTC) as a swap dealer and a member of the National Futures Association. FalconX Limited, FalconX Bravo, Inc., FalconX Delta, Inc., Falcon Labs Ltd., and Solios, Inc. are not registered with the Securities & Exchange Commission or the Financial Industry Regulatory Authority. FalconX Golf Pte. Ltd. is not required to be registered or licensed by the Monetary Authority of Singapore (MAS). MAS has granted FalconX Foxtrot Pte. Ltd. a temporary exemption from holding a license under the PSA for the payment services caught under the expanded scope of regulated activities for a specified period. FalconX Limited is a registered Class 3 VFA service provider with the Malta Financial Services Authority under the Virtual Financial Assets Act of 2018. FalconX Limited is licensed to provide the following services to Experienced Investors, Execution of orders on behalf of other persons, Custodian or Nominee Services, and Dealing on own account. FalconX’s complaint policy can be accessed by sending a request to complaints@falconx.io

"FalconX" is a marketing name for FalconX Limited and its affiliates. Availability of products and services is subject to jurisdictional limitations and capabilities of each FalconX entity. For information about which legal entities offer trading products and services, or if you are considering entering into a derivatives transaction, please reach out to your Sales or Trading representative.

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